State Pension Age Changes

From April 2016 there will be major changes to State Pension in the UK. The Pensions Service has produced an online toolkit which was published on GOV.UK in December. This toolkit is regularly updated with the latest information regarding New State Pension.

Pensionable Age

A new website has been launched by the Pension Tracing Service to help people find their lost pension savings:

There is currently an estimated £400 million in unclaimed pension savings. This is money people have previously saved for their retirement, and the new website aims to better help people locate their hard-earned savings. The new service is simple to use and provides trace results immediately. Individuals enter their former employers’ details into the online database and are provided with contact details for pension schemes they may have paid into.